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CBT automotive newscast: August 10, 2022

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Inside Automotive: How GM Brandon Apon is modifying recruiting strategies to attract more staff It’s crucial for car dealers and managers to understand what’s going on...
joint-ventures

The most significant and innovative automotive joint-ventures of 2022 so far

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Automakers are ramping up their joint-ventures, especially in 2022. Automakers are partnering with domestic and foreign suppliers of EV battery components to lower the...
electric cars

5 of the hottest electric cars on the market and 5...

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Electric cars are growing in popularity. With each coming month, more and more Americans are growing warmer to the idea of owning an electric...
semiconductor

President Biden signs CHIPS bill allocating $52 B for US semiconductor...

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Yesterday, President Joe Biden signed the bipartisan CHIPS and Science Act legislation into law, intending to increase American semiconductor competitiveness with China. The plan provides billions...

California DMV accuses Tesla of deceptive marketing for its self-driving tech

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The California DMV has accused Tesla in two separate filings of the use of deceptive marketing practices. Specifically, the company has been using terms such as “autopilot” and...

Software pioneer and Reynolds & Reynolds owner Robert “Bob” Brockman passes...

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Robert "Bob" Brockman, a Texas businessman and icon, passed away at 81. Brockman was most known for his roles in building Universal Computer Systems,...

US lawmakers set their sights on reviving self-driving car legislation

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As self-driving technologies begin to hit the market, new laws need to be enacted to create order at a federal level. Now, self-driving vehicles...

CBT automotive newscast: August 9, 2022

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Inside Automotive: How Jeff Wyler Automotive plans to use its innovative new retailing platform to beat disruptors Jeff Wyler Automotive Family recently launched a 100% online...
Carvana

Carvana posts $439 M net loss for Q2, sales volume increases

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Last Thursday, Carvana completed its second-quarter earnings call between the company, shareholders, and analysts to discuss performance and corporate activities. According to an official...
Inflation Reduction Act

Senate passes Inflation Reduction Act, expands EV tax credits with conditions

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Controversial news for the electric vehicle industry and automakers as the Senate passed a slimmed-down version of the Inflation Reduction Act. The bill now...